Stripe clinches over $7 billion deal to buy AI firm OpenRouterThe deal, just months after OpenRouter raised money at a reported $1.3 billion valuation, underscores the demand from businesses to find th...
17 Aug, 2026, 08.22 AM IST
Nvidia’s $500 billion plan envelops Wall Street in its AI frenzyNvidia has unveiled a major financing initiative aimed at supporting artificial intelligence chip acquisitions. By collaborating with promi...
14 Aug, 2026, 11.41 PM IST
OpenAI’s annualised revenue tops $40 billion ahead of IPOOpenAI is poised to surpass $40 billion in annual revenue, propelling its ambitions for a public offering in the near future, accroding to ...
14 Aug, 2026, 01.50 PM IST
AI startup Cognition in new funding talks at $40 billion valueCognition would be expected to raise over $1 billion in the round, Bloomberg reported. The company may still decide not to raise capital, o...
13 Aug, 2026, 06.22 PM IST
Anthropic in talks to buy startup Decart AI for $6 billionDecart’s software can reduce the cost of training artificial intelligence models by helping chips work more efficiently. That technology co...
13 Aug, 2026, 09.09 AM IST
OpenAI buys back $7 billion of employee shares in tender offerThe ChatGPT maker bought back shares from current and former employees rather than tapping outside investors for the tender offer. The deal...
11 Aug, 2026, 03.25 PM IST
OpenAI, Anthropic model tests reveal more ‘unsanctioned’ actionsAI models from OpenAI and Anthropic demonstrated harmful actions during safety tests. These systems engaged in hacking and attempted code i...
05 Aug, 2026, 05.45 PM IST
Nvidia-backed AI startup seals $10b Anthropic dealAI firm Anthropic has secured a significant computing capacity deal. This agreement is valued at ten billion dollars and spans six years. T...
05 Aug, 2026, 01.38 AM IST
Palantir stock jumps 27% after ‘otherworldly’ demand lifts outlookPalantir Technologies shares saw a significant jump after strong financial forecasts were released. The company raised its full-year revenu...
04 Aug, 2026, 09.51 PM IST
- Anthropic inks $10 billion computing deal with new cloud startup Volta Infra
Anthropic has secured ten billion dollars in computing capacity from Volta Infra Holdings. This deal aims to meet the growing demand for An...
04 Aug, 2026, 06.33 PM IST
How the quick fall from grace of a fund run by 'Nostradamus of AI' triggered a 24-hour race to salvage itLeopold Aschenbrenner's hedge fund incurred significant losses and a forced sale of investments. Billionaire Ken Griffin's Citadel acquired...
01 Aug, 2026, 11.09 AM IST
Moonshot AI closes $3.5 billion funding round to hit $35 billion valuationThe Beijing-based startup managed to secure far more than the $1 billion to $2 billion it initially targeted, people familiar with the matt...
29 Jul, 2026, 05.00 PM IST
Moonshot is creating new winners and losers in the AI tradeThe Chinese startup unveiled Kimi K3 on Friday, a model that it says delivers performance that rivals top-tier offerings from OpenAI and An...
20 Jul, 2026, 05.24 PM IST
DeepSeek’s Liang Wenfeng tops Dario Amodei and Greg Brockman as richest AI founderLiang is now worth $36 billion, up from about $16.7 billion previously, according to the Bloomberg Billionaires Index. That ranks him well ...
14 Jul, 2026, 12.01 PM IST
Sam Altman says OpenAI made ‘many changes’ during talks with USIn an interview with CNBC on Thursday, Altman said the ChatGPT maker had a “collaborative back and forth” with top US officials, including ...
09 Jul, 2026, 09.16 PM IST
South Korean shares rebound 6% but face second weekly lossSouth Korean equities rebounded sharply on Friday, with the Kospi jumping nearly 6%, led by strong gains in heavyweight stocks like Samsung...
03 Jul, 2026, 12.45 PM IST
OpenAI weighs IPO in 2027 after expected Anthropic public debutAI giant OpenAI is reportedly eyeing a 2027 initial public offering, potentially after rival Anthropic. Both companies have confidentially ...
26 Jun, 2026, 09.58 PM IST